“At Apple’s (AAPL) closing price of $388.83 Tuesday, the day the shares were issued, the grant was worth… $55,213.86,” P.E.D. reports. “Fifty-five grand of course, is chump change for a man whose total compensation from Disney in 2009 (including cash bonus and stock) was more than $29 million.”
P.E.D. reports, “It was Iger who engineered the 2006 acquisition of Pixar that made Steve Jobs Disney’s single largest shareholder. When he died, Jobs’ 138 million shares of Disney, now worth $4.85 billion, were reportedly being transferred to a trust — one presumably controlled by his wife Laurene Powell [Jobs].”
Read more in the full article here.